How NCDMB’s Support For Indigenous Firms Boosts Productivity, By Ogbe
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Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe is satisfied with the high productivity level by some indigenous firms who benefitted from the board’s support.
He spoke on Tuesday when he led some officials of the board to visite the facilities at BEAMCO Nigeria Limited, Lagos where he also commended the oil and gas service firm for the giant strides recorded in oil and gas equipment components manufacturing.
Specifically he lauded the Nigeria Liquefied Natural Gas (NLNG) Limited, Saipem-Daewoo Joint Venture, and BEAMCO Limited for enhanced in-country value addition, as locally assembled pumps and valves are set for installation and pre-commissioning preparations on the multibillion-dollar NLNG Train-7 project on Bonny Island, Rivers State.
Speaking at the company’s load-out ceremony, the NCDMB boss noted with fulfillment that the feat of sourcing such vital components in-country was made possible by the Equipment Component Manufacturing Initiative (ECMI) launched by the NCDMB in 2013.
The initiative necessitates the issuance of Nigerian Content Equipment Certificate (NCEC) as a requirement for participation in equipment supply in the oil and gas industry.
The implementation ensured that NLNG, through its main contractor, Saipem-Daewoo, awarded a contract to BEAMCO for the supply of 17 API (American Petroleum Institute) Pumps and 19 Control Valves in line with NCDMB’s Approved Vendor List for NLNG Train-7 project.
“Nigeria is proud that BEAMCO will be delivering quality pumps and valves on schedule. This is a demonstration that the Nigerian business environment provides all the enablers to support manufacturing and assembly.
“NCDMB would continue to support BEAMCO to further expand its capabilities to include backward integration in pumps and valves components manufacturing in Nigeria,” and also assured purpose-driven companies in the oil and gas subsector that “together we will achieve more of similar milestones in the industry, as part of our collective commitment to achieve 70% Nigerian Content by 2027,” Ogbe said.
Among components and accessories sent forth at the event were four pumps (2 Reflux pumps and 2 Amine booster pumps) and five valves (2 Mark 100 valves, I Mark One valve and 2 flow top valves).
